Dip in residential construction was offset by nonresidential investment.

Acquisition is Beacon’s first of 2024 after 9 in 2023.

But economy continues to expand, according to the latest ISM report.

Distributor adds 2 acquisitions to its fast-growing portfolio.

Grainger’s fourth-quarter sales were up 4.1% from the year-ago period.

Year to date, Avnet sales also dropped.

The name change honors the legacy of ERIKS’ founding companies.

New DC is part of Grainger’s ongoing expansion to improve delivery options.

Acquisition adds 19 locations to Core & Main’s footprint.

American Securities maintains majority ownership in the distributor.

The PVF distributor now has 24 service branches.

This is the platform’s second investment since it was established in September 2023.

Year to date, sales were up 2.3% for Applied.

NAW has positioned the acquisition as part of its goal to become the “preeminent resource, advocate and champion for distributors across the globe.”

ESS expands Lawson’s safety product offering by over four times.

November was down 4.9% from October 2023.

KAR has 3 facilities across Canada.

2023 housing starts were 9% below 2022.

New identify follows October 2023 merger.

Piedmont is based in Asheboro, N.C.